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YESBANK: Ascending Channel

Long
YES BANK (NSE:YESBANK)  
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NSE:YESBANK   YES BANK
Support and Resistance Trend Lines Parallel Channel channeltrend channelline trendpattern yesbank yesbankanalysis Channels
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supportandresistance trendline parallelchannel channeltrend channelline trendpattern yesbank yesbankanalysis channelstudies
YESBANK is stuck in a ascending channel for 6 months now. It has also tried to break the upside on 18.6 but failed to do so effectively. Bounce is expected from support. Also poised to break inverted H&S when crosses 18.6 with good volume.

Idee correlate

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DIXON: 1 year inverted head and shoulder breakout
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EMIL: Swing Idea
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SUZLON: Swing Breakout Idea
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YESBANK: Ascending Triangle
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YES BANK: Inverted Head and Shoulder
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